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Again he is over stepping his bounds. He does not have the authority to do this without congressional approval.
Yes, he does have the authority to do it. That's why he did it. It is completely legal.
As far as "completely legal" I will wait until the court cases are heard and there will be court cases. As to why Obama did it..... simply because he thought he could. What is this fool's next project? Giving Manhattan back to the Indians/